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HomeMy WebLinkAbout0312 13. 1[ de(ault tx made in paytnent. when due, ot any indebtetiiness ucured hereby, or in prr(orniance ot a~tiy of ~fort- gagor's obligations, covenanta o~ agreementi he~eunder: , (a) I?fortgagee is authorued at any time, without notice, in it: wle discretion to enter upon and take posuuion ot tt~c prrnuses or aoy {urt thereof. to pertorm aay acq Mortgasec deems neccssary oc prope~ to conunre the security and to collect i and receive aU renb, istua and pco(its t6e~cof, induding those past due sa well as thox accruing therea(ter, and ~a (b) I~tortgagee shaU be entitled, as a matte~ of stritt right and without regard to ~he value or occupancy o( the security, ; to ha~•e s ~ecei~•er appointed to enter upon and tate posxuion of the premises, collect the renb and profits there(rom and apply ~ the same as the court may direct, such receiver to ha~e all the ~ights and powen pern?itted under the laws o[ Florida. ~ In either such case Mortgagee o~ the receiver may also take possession of, and (or th~se purpous use, any a~d all perwual ~ property contained in the premises and uscrl by Mortgagor in the rental or leasing thereof or any part thereot. The expertsr (including receivers (ecs, counsel (ees, costt ar?d agent's compensation) incurred punuant to the powers herein contained shall be securcd hc~eby. 1lfortgagee shaU (after payment of al) costs and expenses incurred) apply wch rrnts, issun and profits re~ei~•ed ~ by it on the indebtcdnrss~secured hereby in such order as Mortgagee determines. The right to enter and take posscssion of said property. to manage and ope~ate the same, and to collect the rcnts, issua and profits thereof, whethe~ by a receiver or oth~rwis~, ~ shaU be cumulative to any other right or remedy hereander or af[orded by law, and may be exercised concurrently therewith or independently thereof. Mortgagee s6a11 be liable to account only [or such rt~ts, iuues and pro(ita actually received by \iongagee. 14. If the indebtedneu sccured hercby is now or hereafter further serured by chattel mortgages, pledga, con:racts of guaranty, assignments of leasa, or other securitiu, or i( the premiscs hereby encumbered consisb o[ more than one parcd, \tortgagre may at its option cxhaust any one or more oE said sccurities and the security hereunder, or such parceis ot the saurit~ ' hereunder, either concurrently or independently, and in such orcler as it may determine. 1 S. I~o delay by \tortgagee in exercising any right or remedy hercunder, or otherwise a![orded by law, shaU opcrate as a w:tia•er thereof or preclude the exerciu thereof du~ing the conti~uance o[ any d~fault h~~eund~r. \o wai~•er by Mortgagee of any de[ault shall constiwte a waiver ot or consent to subacquent defaults. 16. ~Yithout affecting the liabitity of any person( other than any perso~ released punuant hercto) fo~ payment o( an~ ir?debtedness secured hereby, and without affecting the priority or ezte~t oE the lien hereof upo~ any property not specifcally released pursuant hereto, Mo~tgaget may at any time and from time to time, without notice and without limitation as to any Icgal right or privilege of I?tortgagee: fILEO AND RECQ RQIO (a) Releau any person liable for payment of any indebtedness securecl hereby_ =T•~UCIE COUNTY F~A. ROCER POITRAS (b) Extend the time or agree to alter the terms of payment ot any of the indebtedness. C~ERK CIRvUiT COU~~- (c) Accept additiona! security o[ any kind. RECORO YEkIFIE~ (d) Rclease any property securing the indebtedneu. N~~+~~ 0 3 39 PH (e) Conxnt to the cr~ation of any easement on or over the pr~miscs or any covenanu ratricting use or occupancy thereof. 17. A~y agreement hereafter made by Mortgagor and Aiortgagee pursuant to this mortgag~ shall be superior to th~ rights of the holder of any inten•ening lien or encumbrance. 18. I~~ortgagor hereby waives all right of homatead exemption in the property subject to this mortgage. 19. The co~•enants and agreements herein contained shall bind and the bene[iu and advantages shali inure to the rapecti~•e heirs, executors, administratoa, succcsson and assigns of the parties hereto_ Where~•er used, the singular number shall include the plural, the plural the singular, and the usr of any gender shaU be applicable to all genden_ All covenants, agreements and undertakings shall be joint and u~eral. In the event additional numbertr! covenants are for con~enience inserted in this mortgage following the legal dcscription, su:h additional covtnanu shall be read and given e(fect as though following this covenant in consecutive order. 20. Anr deficiency in the amount of such aggregate monthly payment shall, unless made good by the I?iortgagor prior to the due date oE the next such payment, constitute an event of default under this mortgage. At Mortgagee's option, Mortgagor will ~ pay a. "late charge" not exceeding four per centum (490) of any installment when paid more than Cfteen (IS) days after the due date thereof to cover the extra acpense imrolved in handling delinquent payments, but such "late chargd' shall not be payable ~ out of the proceeds of any sale made to satisfy the indebtedness secured hereby, u~less such proceeds are sufGcirnt to discharge the E entir~ indebtedness. - ~ Iti WIT\ESS 1YHEREOF, the said Mortgagor s,_ s~~Q~s~r~E.-Y7i s.n ~d i]nrr~~__A___Wi 1 ann~ h i s wife ~ hereunto sct their han~s ~d sea~_ the day and year tirst above written. S" , ~1 and ' •e~ed ' e esence o[: ~ ; ~ _(Sew~j ~ /JJ J ep:: E. Wil on ; ~~I.~~~ :I~ //~'VJ~~? `~V~'~~P _ - ` --~SEAL) . sTATE OF ~IX :MARYI~.tiD mrorthy A WiZson COU~JTY OF ~1 - ~~..r 1, an officer aut6orized to take acknowledgments of deeds according to the laws ot the State of Florida, duly qualified and accing, HEREBY CERTIFY tha~ Joseph E. Wilson and D~rothy A. Wilson, his wife ~ ~ to me penonally known, this day personally appeared and acknowledged before me that thf'Y e:ecuted the torcgoing Mort- ~ gage, and I FURTHER CERTIFY that I knoMr the uid perso~ S maki~g said acknowledgment to be the individual S ~ described in and who acecuted the said Mortgaga - AND-I FURTHER CERTIFY ~hac u;d .~rcthl A. Wil~on 1. ° . ~ i~ ,p.~uwwn, to mE_ tp be the r?ife of said ~osn~h E. Wi? sor, ~ an~ t~a~ilfe,thil~dar uknowledged to and before me, uparately and apart from her said 6usband~ that she executed the said ~.~t~or~gage~Jup.-'~be puq?os~ of renounung~ad rdinquishing her dower and rig6t of dower and xparate estate in and ~ to the lands t}~ereitf'ddcribed, and that she uecuted the same freely and voluntarily and without tompulsion, constraint, appre- ~ . ~ ~etfs;~ ~qr [eafbf pr flnm her hmband. ~ « IN I~JVI'~N~S~ ~fVHEREOF, I hereunta s(e~t mr hand and o(Gcial ual at~'~l k"~ ~ uncy s~~ ° P~d~:~a~e,~thSs ~ ~:~4~Q- A. 9 73 ~ ~ day of l~~~~~ ~ i ; `O w ~ r=' . ......s•'i y r - C.E 0 R GE ~ r'~''Y:~'''•'i !'~-Y 7. 1~7# Notary Public S te o~at Large ~ My commiuion expir~..•~ . ~ _ - • ~ ~2 ~ 312 ' ~ °~R~216 F~~~ ~ { ~ _ - - ~4~ ~°.a - y +F-,~ ~,-_'k.~r~T~~~~ s` r' ~ - '~f""7'~'~~^' ~ , ~ n ~ ..~y~~ ~~p~~M'°4~~4?-.:?~. ~.,`'°~.~`'w : _ ~?~y`.__~-'~'